Corporate Operations: Page 20


  • Prodcuts made by Power Crunch.
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    Courtesy of Ferrero
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    Ferrero buys protein snack company Power Crunch

    The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint. 

    By Jan. 24, 2025
  • Rao's, Sovos Brands, pizza
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    Permission granted by Savos Brands
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    The Campbell’s Company names new exec to head meals and beverage unit

    Food industry veteran Risa Cretella will oversee a division with more than $5 billion in sales from brands including Rao’s, V8 and Swanson. 

    By Jan. 24, 2025
  • Trendline

    Reformulating for the future: Why the food industry is overhauling ingredient lists

    Companies are under rising pressure to improve the nutritional profile of their products while balancing taste, texture and affordability.

    By Food Dive staff
  • cocktails
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    Getty Images
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    The alcohol industry seeks to brew sales growth beyond beer

    Manufacturers of Miller High Life and Bud Light are moving into other categories like energy drinks, RTD cocktails and nonalcoholic products to remain relevant as consumer tastes change.

    By Jan. 23, 2025
  • Cartons of Great Value broth on a store shelf.
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    Katie Pyzyk/Food Dive
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    Packaging materials didn’t cause Walmart broth recall, says TreeHouse Foods

    Tetra Pak, which makes the cartons for the recalled broth, said it is not aware of procedural issues on its end.

    By Katie Pyzyk • Updated Jan. 29, 2025
  • Prodcuts made by Danone's Too Good & Co. brand
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    Retrieved from Danone.
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    Danone’s yogurt sales surge among US consumers using GLP-1 drugs

    Oikos and its other popular brands are seeing a spike in demand as people taking the weight-loss medications turn to the portion-controlled snacks to meet their nutritional needs.

    By Jan. 22, 2025
  • Cans of Stok Cold Brew coffee.
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    Permission granted by Danone
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    Q&A

    Inside the evolution of Danone’s Stōk

    The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.

    By Jan. 22, 2025
  • Grocery products.
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    Courtesy of Walmart
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    Private label sales hit record $271B in 2024

    All 10 food and nonedible departments tracked by Circana showed store brand dollar growth over 2023, a new report found.

    By Catherine Douglas Moran • Jan. 21, 2025
  • leinenkugels
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    Courtesy of Molson Coors
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    Molson Coors refuses bid by Leinenkugel’s family to buy back plant

    The Coors Light producer said it plans to use the Chippewa Falls, Wisconsin, facility as a pilot brewery.

    By Jan. 21, 2025
  • Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City.
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    Michael M. Santiago / Staff via Getty Images
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    PepsiCo sued by FTC for allegedly ‘rigging’ soft drink prices

    The agency claims the soda giant gave “unfair” pricing advantages to a larger retailer, forcing consumers to pay more at competing stores. Pepsi “strongly disputes” the allegations.

    By Jan. 17, 2025
  • Cans of Spindrift sparkling water.
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    Courtesy of Spindrift
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    Spindrift names former Boston Beer head as CEO, sells majority stake to PE firm

    The 15-year-old brand has become popular with consumers who are lowering their sugar intake while prioritizing recognizable ingredients — all without sacrificing a fizzy mouthfeel.

    By Jan. 16, 2025
  • Budweiser and Bud Light cans
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    Thai Phi Le/Food Dive
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    Anheuser-Busch to launch energy drink through Dana White-backed partnership

    Phorm Energy, a collaboration with sports nutrition and supplements company 1st Phorm, is expected to debut this summer. 

    By Jan. 16, 2025
  • Jack Daniel's whiskey bottles displayed on shelf
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    Scott Olson via Getty Images
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    Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs

    The restructuring by Brown-Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales.

    By Jan. 16, 2025
  • A photo of bottles of beer in a cooler. The bottles say Modelo.
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    Mat Hayward via Getty Images
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    Constellation Brands pins hopes on Mexican beers as spirits sales decline

    As uncertainty looms around potential tariffs, the brewer’s CEO expressed optimism about the outlook for Modelo, Corona and Pacifico.

    By Jan. 14, 2025
  • Dr Pepper can
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    "Dr. Pepper" by cyclonebill is licensed under CC BY-SA 2.0
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    Keurig Dr Pepper creates energy drink exec role in leadership refresh

    The company also named Eric Gorli as president of its $9 billion U.S. refreshment beverage operation, which includes soft drinks, tea and water.

    By Jan. 14, 2025
  • hormel chili
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    Courtesy of C.H. Guenther & Son
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    Hormel Foods CEO to retire after 36 years with the Spam maker

    The departure of James Snee, who took over the top post in 2016, is the third leader from a major food company to announce they are leaving since December.

    By Jan. 14, 2025
  • Hershey, Reese's, Hershey's, pretzel, popcorn
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    Permission granted by Hershey
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    Hershey names new executives to oversee confection, salty snacks

    Andrew Archambault, joining from Keurig Dr Pepper, will oversee its sweets business, while company veteran Veronica Villasenor will run brands like Dot’s and SkinnyPop.

    By Jan. 13, 2025
  • Game day QR code 20% sign in grocery store aisle
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    Viktorikus/Stock.adobe.com

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    Sponsored by Bitly Inc.

    Score big on game day: 7 essential marketing strategies for food retailers

    Get ready to boost game-day sales with winning strategies that attract shoppers and keep them coming back for more.

    By Jenny Coppola, Bitly Inc. • Jan. 13, 2025
  • Hershey, Reese's
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    Christopher Doering/Food Dive
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    Hershey CEO Michele Buck to retire in 2026

    Her departure comes as the snacks maker faces challenges including higher cocoa costs, inflation that has curtailed product demand and the proliferation of GLP-1 weight-loss drugs.

    By Jan. 10, 2025
  • eggs grocery store
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    Brandon Bell via Getty Images
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    Higher egg prices boost Cal-Maine earnings

    Bird flu outbreaks have created supply shocks at the grocery store, with some retailers limiting consumer purchases.

    By Jan. 10, 2025
  • Aerial view of oranges being harvested in Florida
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    Joe Raedle via Getty Images
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    Tropicana orange supplier Alico to exit citrus business

    The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes reducing production by 73%.

    By Jan. 10, 2025
  • plant based ingredients
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    Getty Images
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    Louis Dreyfus buys BASF’s food and health ingredients business

    The food processor seeks to dominate the plant-based space while chemical producer BASF shifts its focus to other areas.

    By Jan. 9, 2025
  • Packages of Simple Mills products.
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    Retrieved from Simple Mills.
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    Wonder bread owner buys Simple Mills for $795M

    Flower Foods' purchase of the better-for-you snack maker is meant to improve its growth prospects while diversifying its portfolio with the addition of crackers, cookies, snack bars and baking mixes.

    By Jan. 9, 2025
  • the duckhorn portfolio
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    Courtesy of Duckhorn Portfolio
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    Column

    The Weekly Sip: Duckhorn Portfolio names new CEO | Odwalla reemerges with new juices, smoothies

    The winemaker is changing leadership after its $2 billion sale, and the juice brand formerly owned by Coca-Cola is tapping into consumer interest for healthier drinks.

    By Food Dive staff • Jan. 9, 2025
  • A building with the Smithfield logo is seen
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    Getty Images
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    Smithfield Foods files for public offering on US stock exchange

    The proposed listing comes amid pricing pressures in the pork industry and mounting public scrutiny over the agriculture industry's ties to China.

    By Jan. 8, 2025
  • pabst blue ribbon
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    Drew Angerer via Getty Images
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    Pabst and Anheuser-Busch enter into brewing agreement

    The deal comes after Pabst’s production deal with Molson Coors ended last month after nearly 20 years.

    By Jan. 7, 2025